Not long ago, I was fortunate to have an enjoyable conversation with a business associate who travels frequently to Colorado for business and was told how beautiful and resourceful this state is. Needless to say, our state ‘Michigan’ and cities’ governments have their work cut out as they navigate how to best handle our natural resources and work toward restoring environmental obstacles in our Great Lakes.
Anyway, the conversation turned to living in Colorado as a high net worth individual, curious as to if he decided to move their permanently where would he live. Leaning towards a more metropolitan area like Denver for its’ accessibility to the airport and for the professional sports and cultural/entertainment options.
My travels have taken me to only Denver for business, so my knowledge was rather limited about the rest of this beautiful state. Since that discussion, I did more digging and was curiously drawn to a region of the state that has grown into an attractive residential community for the wealthy.
Smaller communities that attract wealthy household versus big cities (Chicago, LA or New York), Kiplinger Magazine’s came up with 20 small towns and cities that boast the highest concentration of millionaires in the U.S. The community of Edwards is located in Eagle County just west of the ski and resort towns of Vail and Beaver Creek. It is ranked #6 on Kiplinger’s list of smaller U.S. cities that have more millionaires per capita.
The Rocky Mountains is the Edward’s community’s picturesque backdrop and only 2 hours away from Denver’s metropolitan airport. This small town community has a growing population of close to 10,000 and touts its quality of living as to attracting wealthier residents who are looking for a second home or retiring. The median house prices are around $480,000 with 15.5 percent of the homes priced above a 1 million dollars which impacts the entire regions cost of housing.
Besides world class skiing, the region is a mecca for warm weather activities including as fly-fishing, hiking, mountain biking, horseback riding, kayaking and white water rafter and has transformed into a celebrity vacation destination. Although Edwards has a small town feel, there are a plethora of high end-end restaurants, and spas for indulgent relaxation, and boutiques and specialty stores in the Riverwalk District to satisfy any shopper’s cravings.
Personally, the attraction to cold weather outdoor activities has been rather lukewarm in my life time, preferring hot beach-like weather. Yet, my semi-adventurous side would allow for the opportunity to partake in all that Edwards and the rest of the State offers in terms of celebrating one Colorado’s finest, luxury destination spots. -AJ
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Thank you to the following for blog content source:
Wikipedia – https://en.wikipedia.org/wiki/Edwards,_Colorado
Sotheby’s realty – https://www.livsothebysrealty.com/eng/sales/edwards-co-usa
Hat Tip to photography by:
Longneckerunlimited – snowboarder pixabay
Mark Cataldo – Buck with Rocky Mountains in the background – unsplash
Evan Grinde – Snow Capped Rocky Mountain National Park – unsplash